The news was broken by Kotaku and later backed up by a report on Polygon.

Sony is yet to announce prices for its first-party PlayStation 4 releases, but has been tipped to maintain a similar cost structure to the PlayStation 3.

It is also yet to be revealed how much third-party offerings for studios such as EA, Ubisoft and Take-Two will cost, with some reports suggesting that development costs could rise during the next generation, forcing a price hike from some firms.